Closing Recap U.S. stocks continued their impressive run, posting strong weekly gains to start June as investor “FOMO” returned, fueled by fading tariff concerns and a surprisingly strong May jobs report. Bitcoin experienced significant volatility, rebounding after a large sell-off, with broader market undercurrents stirred by a Trump-Musk feud and recession fears. Key Takeaways Looking…
Closing Recap U.S. stocks ended a strong month on a mixed note Friday, with the S&P 500 and Nasdaq seeing modest declines as profit-taking emerged amid renewed tariff uncertainty following comments from President Trump, though major indices still posted significant gains for both the week and the month of May. Looking Ahead Looking ahead, the…
Closing Recap U.S. stocks ended a four-day losing streak for the S&P 500 with a modest rebound attempt on Friday, though major indices still closed lower for the week as President Trump’s tariff threats against Apple and the EU injected fresh volatility. Bitcoin also made headlines, hitting a new all-time high before a slight pullback.…
Closing Recap U.S. stocks capped a stellar week with the S&P 500 notching its fifth consecutive day of gains, as positive developments in trade talks, including deals with China and Middle Eastern nations, fueled a broad market rally, pushing major indices closer to all-time highs. Looking Ahead Looking ahead, the market will digest a host…
Closing Recap U.S. stock markets ended a volatile week with a very quiet and low-volume session on Friday, trading mostly sideways as investors cautiously awaited the outcome of crucial weekend trade negotiations between U.S. and Chinese officials in Switzerland. Index Last Closing Level Friday’s Change Friday’s Change (%) DJ Industrials 41249 -119.07 -0.0029 S&P 500…
Closing Recap U.S. stocks continued their remarkable rally, with the S&P 500 and Dow Jones Industrials logging their ninth consecutive day of gains, fully erasing the steep losses from April’s tariff turmoil, boosted Friday by a strong jobs report and signs of potential trade negotiation progress. Index Last Closing Level Friday’s Change Friday’s Change (%)…
Closing Recap U.S. stocks capped the week with modest gains on Friday, extending the S&P 500’s win streak to four days (longest since mid-January), though momentum faded slightly amid a lack of fresh economic news and ongoing tariff uncertainty. The 10-Year Treasury yield ended the week around 4.27%, effectively round-tripping back to early April levels…
Closing Recap The US Dollar extended its decline for a fifth consecutive week, trading near three-year lows as persistent US economic concerns, a cautious Federal Reserve, and lingering tariff tensions weighed heavily on the currency. Looking ahead, the market faces a “macro minefield”. The week is densely packed with potential catalysts, including a deluge of…
Closing Recap U.S. stocks finished the week strong with significant weekly gains, primarily driven by a mid-week tariff delay announcement, overcoming ongoing U.S.-China trade friction and notable volatility in currency and bond markets. Looking Ahead The upcoming week shifts the market’s focus firmly onto central bank actions and crucial economic data releases, following a period…
Closing Recap U.S. markets experienced a brutal sell-off last week, closing near lows as escalating trade tensions and cautious Fed commentary triggered the worst weekly performance since the COVID-19 pandemic onset in March 2020. Major indices saw significant declines, marking the seventh losing week in the last eight. Looking Ahead The week ahead is poised…
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